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*NIFTY MIDCAP 100 -* ▪️We are likely to consolidate between wider range of 55250 - 58350. Our portfolio will also have similar behaviour hence please follow the strict sl and buying as suggested. ▪️In upcoming weeks we have multiple hurdles like 58350 followed by 59650 and these will resist for the further upcoming. ▪️To conclude we will have a consolidation phase before rally beyond 59650. Kindly hold the suggested stocks until sl hit or explicitly suggested to move out. No new averaging is required in Midcap Mutual fund for now.


*NIFTY BANK -* ▪️After a said consolidation we are sustaining above 53880 - 54465 band. ▪️This will help Banks to rally from next week for new all time highs. One can again average out Nifty Bank Index funds. ▪️Next week we will see Financial sector (especially private banks) on rise.


*_Coming month of June, we will see market will be sideways since we have many IPOs coming and money will be diverted towards those issues rather than existing stocks._* https://www.moneycontrol.com/news/business/markets/more-than-half-dozen-ipos-likely-to-open-in-june-estimated-fund-raising-to-be-around-rs-8-000-crore-13054739.html

*NIFTY SMALLCAP 100 -* ▪️We are having a thin range of consolidation between 17430 - 17940 and once we are out from this zone we will see a good one side rally upto 19250. ▪️On higher side we have resistance zone of 19030 - 19250 at which we might spend some more time but before that we must hold tight with smallcap stocks to rally upto 19250 next couple of weeks. ▪️Average out Smallcap Mutual funds final time.


*SOBHA -* ▪️Another stock of possibility of breakout is likely post breaking 1405. Hence one can go long with sl 1330 for the target of 1515 (1-2 months) & 1665 (2-3 months)


*Disclosure & Disclaimers -* ▪Holding IREDA, RVNL, RAILTEL, MAZDOCK, HAL, COCHIN SHIPYARD & TITAGARH. Added SOBHA & BHARATFORGE. ▪Note that the above stocks are recommended with pure technical analysis base without any speculations. ▪Those which has comments on bold are the updated/newly added stocks. ▪Before taking positions, kindly consult your financial advisor.

*INOXWIND -* ▪We had a multiple resistance as 176.10, 182.90 &188.80 which will now act as a support. ▪These support cluster if sustain will allow to rally upto 229 and 237(2-3 months), hence one can surely use this opportunity to chip tomorrow when the market open with sl of 181.


_1st Target of 210 is achieved 🎯 and we are very close to the 2nd target as well in *ENGINEERS IND*._ _Once we see 228 getting achieved advised to book partial profit or keep the profit and remove the invested amount to sail further.✔️_

*NIFTY 50 -* ▪️We saw a price sustaining above 24500 and being a good support we are likely to see 25330 by next week. ▪️Hence one can average out Nifty index fund again and hold tight for new all time highs.


*AMBUJA CEMENT -* ▪️This CEMENT stock is likely to be on the move post breaking out cup and handle neckline of 584. ▪️One can go long with sl of 500 for the target of 640 (1-2 months).
